jayz-wealth

 

Undeniably a lover of sports, Jay-Z announced the expansion of his Roc Nation imprint to begin servicing athletes with management. The inevitable expansion into the management side of sports should have been evident to many due to Jay-Z’s team ownership and creation of the Barclay sports arena. In addition, his love for the city of New York is nonchanging in that Roc Nation’s first client plays for the New York Yankees baseball franchise.

 

The second baseman, Robinson Cano, signed on with Roc Nation after leaving his current agent Scott Boras. The soon-to-be free agent says he is confident that Roc Nation and CAA Sports (which Roc Nation is partnering with) will see that his short and longterm goals are met.

 

As mentioned, this next venture into sports management wasn’t so far fetched for Jay-Z. “Because of my love of sports, it was a natural progression to form a company where we can help top athletes in various sports the same way we have been helping artists in the music industry for years,” Carter said.

 

Currently, the 30 year old Cano will earn approx. $30 million in 2013.

 

 

Source: WSJ